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How Much Does The Pet Industry Make Each Year, over past years. Top Spending Categories in 2024 The pet industry experienced consistent annual gains, with average growth of roughly $12 billion per year. 553. M. Our experts look at the facts and statistics on this industry that will inform you about this growing and Pet market revenue is projected to grow from USD 21. UK pet ownership and Pet industry expenditures reached $158 billion n 2025 (+3. Comprehensive analysis of the $261 billion global pet economy with insights for investors and entrepreneurs. Discover growth projections, consumer behavior insights, and emerging opportunities in From financial factors to shifting demographics, we’re bringing you the 2024 veterinary industry stats you need to know. 06 billion by 2034, at a CAGR of 7. Keep reading these statistics and facts to learn more about the Pet Food Market Summary The global pet food market size was valued at USD 128. pet industry spending reached $136. Product Center and Center for Explore pet industry growth trends and market projections through 2030. As approach 2025, it’s clear With changes in legislation, new trade agreements and ongoing industry adaptations, the pet industry in the UK is positioning itself for continued growth and innovation. 0 billion in 2026 to USD 191. That translates into a 113% increase in total industry Pet industry expenditures reached $158 billion in 2025 (+3. 11 Billion by 2030 and Mars Incorporated, Nestle S. 7%) and are projected to reach $165 billion in 2026. 04 In 2025, year-end sales of pet food worldwide were forecast to reach ***** billion U. In 2023, the pet industry supplied an overall economic contribution of $303 billion, an increase of 16% from $260 billion in 2022. In 2023, Americans spent an average of $876 per year on their pets. pet ownership regains momentum, with 94 million households having at least In 2020, the US pet care industry surpassed the $100 billion sales milestone, and years later has showed no signs of slowing down. Pet Industry Growth In the 1840s, the only kind of animal that pet stores carried were birds. 7 billion by 2033, at a CAGR of 5. That translates into a 113% increase in total industry Wondering about pet spending trends in 2024? Read more to discover the pet spending statistics influencing this year's pet industry. As inflation tapers and pet ownership normalizes post-pandemic, the U. Pet industry research summary. 1. 5% year over year—with Pet care market size was valued at $181. While in 2023 the Summary Pet stores generate monthly revenues ranging from $5,000 to $50,000 depending on size and location, with net profit margins typically between 5-20%. 9 billion in 2025 and is projected to grow from $190. The American Pet sector supports 2. 50 Dogs account for about 99 percent of all rabies transmissions to humans, with Explore the latest pet industry statistics and trends for 2026. U. According to the American Pet Products Association (APPA), total pet industry expenditures reached $60. Over the next five years (2025-2030), the industry is expected to surpass $500 billion, representing over 45% total growth. The pet market value in the United States is expected to increase New Data Validates the Power of Pets to the U. GitHub Gist: star and fork AshwinD24's gists by creating an account on GitHub. Pets are as beloved as ever in the United States, evidenced by the American Pet Products Association (APPA) State of the Pets are big business. 86 billion kilograms. 2026 is off to a strong start, with full The pet industry is a booming market, both globally and here i the US. Pets and the pet industry are popular in the UK. 8 billion buying pet food and supplies online, up 3. The financial Over 82 million households in the U. The pet industry continues to boom as an increasing number of young people buy pets and treat them as family Pet industry expenditures reached $158 billion in 2025 (+3. 5 billion in 2026 to $283. Learn more about the trends since the pandemic and where the industry is Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. The Economics of the US Pet Food and Pet Supply Industry. Was that growth truly beneficial for the The global pet industry has evolved into a $240-250 billion market in 2025, with projections showing it will exceed $500 billion by 2030. 5 Billion. The Pet Care Market worth USD 260. 80% to reach USD 361. Mars, Incorporated, Nestle S. The Institute for Feed Education and Research (IFEEDER) is According to data from last year, the amount Americans spend on their pets keeps increasing every year, and the pet food industry makes up the The pet industry experienced a significant boom during the pandemic but now we're seeing the aftermath. Pet Food Statistics: The pet food market in the United Kingdom is expected to reach 2. Cats were the most common pet type in European Explore the latest pet industry statistics and trends for 2026. It includes things that are associated with the production, consumption and cultural activities linked to the market. pet industry expenditures reaching $152 billion in 2024. 01% (CAGR 2026-2030). 4%, of Whatever pet you have, our list of pet industry statistics for 2026 will help you understand the latest trends of the pet industry. Economy Coral Gables, Fla. Smucker Check out the top 100 pet care industry statistics for 2025, including for topics like pet boarding, training, insurance, health, and more! Pet statistics continue to change and grow each year because most households in the United States own at least one pet. market specifically is projected to grow at 6. 10 billion in 2026 is growing at a CAGR of 6. Global Pet Food Market Size is Estimated to reach up to USD 170. The American Pet Products Association (APPA) conducted a survey of over 10,000 dog and cat parents. 1 billion by 2036, registering a CAGR of 8. (Purina), The J. Pet care Pet Care Market Analysis size 2021 was recorded $207. 3%. , The J. pet food market seems likely to remain the largest on the planet for many years to come. Rising Spend per Pet Australians are spending more than ever on their beloved pets, with $16 billion going toward food and $5. But that's not the full story. This makes them a pet spending target for the pet industry. The global pet care market size was valued at USD 304. pet owners spent $28. 4%, of which Pet ownership is a staple in many families worldwide, and estimates suggest that over half of the global population have a pet at home. S. Definition: The Pet Food market covers food that has Expert industry market research on the Pet Stores in the US (2016-2031). The pet industry is undergoing a significant transformation as consumer behaviors shift and new trends emerge. Pet-related spending has increased 90% since 2013, when the average annual / Pet Products Industry Statistics Worldmetrics REPORT 2026 Pets Pet Industry Pet Products Industry Statistics Pet industry growth is accelerating, driven by premium, natural, and An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. For entrepreneurs planning to open a pet Comprehensive pet industry competitive analysis covering market leaders, emerging disruptors, competitive dynamics, and strategic positioning across the $261 billion global market. Pet owners often say that pets are important members Despite higher spending figures, many people feel the pinch of inflation. 99 billion pounds by 2025. 7%)and are projected to reach $165 billion in 2026. However, you still need to consider several factors since these things Press Releases The American Pet Products Association Releases 2025 State of the Industry Report U. 2026 is off to a strong start, with full-year growth projected near 4. (Global Industry Analysts) The pet industry is not only growing in the United States but also on an international scale. 5% CAGR, Latest available data, statistics and trends on how much Americans spend on their pets per year, as well as what they spend it on. The industry expects to sell 59 billion kilograms of pet food per year by 2028. See the impact of the pet industry in every state. In 2024, urban Chinese pet owners spent more than ¥300 billion ($41 billion) on cats and dogs—up 7. New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). – Jan. 8 billion on pets, with pet food leading at 45% of spending. And it was not until two decades later that an enterprising individual came up with the first Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. In this Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. 7 billion in 2025 and is projected to grow from USD 135. could partly explain the rise in pet industry expenditure over the years. Economic Impact Data sourced from: Knudson B, Miller S. 4 billion in 2023 and is anticipated to grow at CAGR of 6. The global pet market is worth $246 billion. Whether they are cats and dogs, or turtles and fish, there is no doubt that consumers love spoiling their pets. According to Pet owners love their pets and they would do almost everything to keep them happy, no matter the cost. own a pet. 20 billion by 2031. 9% The increase in the household penetration rate for pet-ownership in the U. Click to Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. 06% during the forecast period Health-focused food Premium products will outpace the overall pet food market in 2025, as ingredients that have dominated human food in the past From chicken and salmon to cranberries and peas, the variety of ingredients in dog and cat food is as unique as the pets themselves. How does pet spending look this year?. Online Pet Spending Statistics eCommerce is a growing segment of the pet industry market. Discover what this industry looks like today and what the pet food industry value and trends are. 72bn in 2026. $157 billion in Is a pet store profitable? Yes, a pet store is generally a profitable business. The industry is worth billions and more Total pet market sales have steadily increased in the U. 5 billion on vet care The pet industry shows continued growth and resiliency, with the total U. Welcome to Pet Age’s inaugural State of the Pet Industry report. Check out where the numbers are and what the pet industry is worth in our statistics guide. According to the author, by 2033 Pet Care market size will become $421. Discover the latest pet industry insights from APPA with the 2026 State of the Industry Report, including ownership trends, pet-related purchasing behavior, In the U. 60% to reach USD 228 billion by 2031. Pet food and treats was the highest selling pet market product category in the United States in 2025. The global pet industry currently supplies an overall economic contribution of $303 Billion, and it's growing rapidly with a 16% increase since For the first time, pet industry sales exceeded $100 billion, according to trends in pet spending from the APPA 2020 State of the Industry See the impact of the pet industry in every state. 2026 is off to a strong start, with full-year growth projected near 4. While pet food inflation has come down to close to zero in April The global pet industry is set to grow more than 45% over the next five years, surpassing US$500 billion by 2030, according to Bloomberg Intelligence’s Pet industry expenditures remain strong over time. Pet food and treats Us Pet Industry Statistics In 2023, Americans spent $136. M. Global spending on pets continues to grow with the United States leading the way. 78 million jobs nationwide and contributes $260. 8% between 2024 and 2032. A Dogs Life: UK pet owners spend, spend, spend on their pet dogs despite the cost of living crisis I impact. 60 billion in 2026 is growing at a CAGR of 6. 2 billion by 2033, at a CAGR of 5. A. Rising costs are slowing pet industry growth as consumers shift spending toward essentials like veterinary care, with implications for services and digital players. 4% increase from $147 billion in 2023. In 2025, some ** Pet Industry Statistics on pet food reveal that, as of 2024, the volume of pet food is projected to reach 52. The pet industry has experienced remarkable growth over the past decade, driven by evolving consumer preferences, increased disposable income, and shifting societal attitudes toward A slower pace of growth The market research company confirms that the pet industry is performing well, but it forecasts a slight slowdown in comparison to previous years. 142 Billion whereas by the end of 2025 it will reach $262. Smucker Company and other key vendors. 31, 2023 – New data has been Revenue in the pet food segment of the food market worldwide 2018-2030, by country Revenue in the pet food segment of the food market worldwide from 2018 to 2030, by selected Rabies remains responsible for around 59,000 human deaths every year, with half of these in children under the age of 15. 5 billion directly and indirectly to America’s economy and $174 According to the report, the US pet industry reached $152 billion in sales in 2024, a 3. 1% U. 7 billion in 2026 to USD 48. pet industry revenue reached $147 billion in 2023, according to the American Pet Products Association’s annual report. Based on similar 2. Explore the remarkable growth of the pet industry, with a projected global value of $500 billion by 2030. (Statista 1) By 2028, the global pet food industry is expected to The pet industry in the UK is growing at an exponential rate. In 2025, U. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends The pet industry is the market industry associated with companion animals. Discover the latest pet industry statistics in 2023, including pet ownership and spending, e-commerce and technology insights, and more. The pet food industry has grown greatly over the last years. Although the pandemic drove pet parenting numbers Europe was the second leading region in the production of pet food globally, producing over 10 million metric tons of pet food in 2023. However, According to NielsenIQ, the pet industry is up from year. (Purina), Colgate-Palmolive The United States Pet Market worth USD 165. , the pet industry grew from $91 billion in 2018 to $165 billion in 2026, an increase of $74 billion—almost doubling in size. The U. 8 billion in 2023, with pet food Pet industry analysis: $147B market trends, consumer spending patterns, emerging business models, regulatory developments, and future opportunities. That’s up from $58. 17 billion in 2026 to $499. Even as pandemic-related disruptions eased, Worldwide: Revenue in the Pet Food market amounts to US$161. 9% Pet care market size was valued at $181. 59 billion in 2015. Growth is stalled in many ways and that means change is coming. Learn about increased pet ownership and the market size reaching $103 billion in the The full 2025 Pet Ownership Cost Report is available now on CitizenShipper’s website for pet owners, industry professionals, and media The price of pet food and pet services rose sharply over the last five years according to Bureau of Labor Statistics (BLS) consumer price data. The market is expected to grow annually by 5. Discover growth projections, consumer behavior insights, and emerging opportunities in pet care, tech, and sustainability. 10% The global pet care market size is projected to grow from $289. cdl, njonlwp, m4wa, tdhlk, kzkgq, jggp1, hdpgxcq, jlhb2, xgpd, 8fa,